South African Postbank SOC Limited Act, 2010 (Act No. 9 of 2010)

Chapter V : Funds and Financial Accounts of Company

23. Inspection of financial accounts and documents of Company and bank controlling company

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[Section 23 heading substituted by section 14 of the South African Post Bank Limited Amendment Act, 2023, Notice No. 3746, GG49374, dated 27 September 2023: effective 19 February 2024, Commencement Proclamation 152, GG50126, dated 15 February 2024]

 

The Minister or any officer in the public service authorised by the Minister in writing has full access to all the financial accounts and documents of the Company and of the bank controlling company, and the Board must at all times furnish to the Minister or to such officer, as the case may be, all such information as may reasonably be required.

 

[Section 23 substituted by section 14 of the South African Post Bank Limited Amendment Act, 2023, Notice No. 3746, GG49374, dated 27 September 2023: effective 19 February 2024, Commencement Proclamation 152, GG50126, dated 15 February 2024]